In the eyes of many people, the cryptocurrency world seems to have become a shortcut for ordinary people to achieve class crossing. However, I must say that people who hold this view are either too optimistic about reality or have ulterior motives. They often only see successful cases and ignore the cruel reality of this field.
Although the cryptocurrency world is a place of innovation, it is also full of unknowns and risks. Many people only see the surge in digital currencies, but ignore the life and death behind it. They have never mentioned that the cryptocurrency world lacks legal protection, and there are undercurrents, fraud and manipulation. And it is these dark sides that have caused many investors with dreams to eventually fall from the middle class into the abyss of debt.
For financial novices, I don’t recommend getting involved in the cryptocurrency world easily. If you don’t even understand the basic financial market and the rules of the A-share market, and you only rely on your passion and the fantasy of class crossing, then I want to tell you that the tuition here is so high that it may make it difficult for you to turn over in your life.
The decentralized nature of blockchain does bring unlimited possibilities to the cryptocurrency world, but it also means that it lacks effective supervision and macro-control. Here, big dealers have more room for operation, and your success is often just following the market's tailwind. Failure may be trapped by a preset script.
Don't be complacent because of occasional profits and think that you have mastered the secrets of the currency circle. There are many masters in the currency circle. Although the legendary stories of turning from 10U (token unit) to tens of millions are enviable, the ending is often not as people wish. The currency circle does provide everyone with an opportunity, but the size of the opportunity varies from person to person. You can try, but you must keep a clear head, don't be blindly confident, and don't have the mentality of getting back your money.
If you are lucky enough to succeed in the currency circle, I suggest you stop as soon as possible, because it may be just an accident in your life. Don't attribute it to your own intelligence, let alone indulge in it and can't extricate yourself. Stay rational to survive in the financial market for a long time.